Quote:
Originally Posted by Zayne E.
Buy a 2-year old car either cash on as short a term as you can afford. Then you shouldn't end up upside down in your payments. All the major depreciation happens the first 2 years of a car's life.
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I prefer buying 5-year old cars, but only reputable foreign model ones, It cost me next to nothing and they're good for at least another 5 years.